3746 NW 31st AveOkeechobeeFL34972
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Okeechobee at 3746 NW 31st Ave, Okeechobee, FL, 34972 earns $789/mo cash flow from $2,447/mo rent with a $1,223/mo payment. Total monthly income totals $2,447/mo, and annual cash flow totals $9,465/yr on $82,842 capital. ROI tracks 31.33% on current figures, and rental yield reads 11.75% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 164.7% and total cumulative return in cash sums $136,442. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,447/mo property income instead of your personal income.
Single Family
Built in 1990
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34972, Okeechobee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,020 (100%) |
| Owner Occupied HU | 4,456 (63.5%) |
| Renter Occupied HU | 1,706 (24.3%) |
| Vacant Housing Units | 858 (12.2%) |
| Median Home Value | $227,991 |
| Average Home Value | $272,861 |
Housing Distribution
Address Breakdown
Residential
6,337
Single Family
6,110
Multi-Family
227
Businesses
595
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Listed by: Laura Coe • BHHS Florida Properties Group
Mls Name: HFMLS
Mls ID: #320133